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You Searched For "petroleum" and got 20 results


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Warren Buffett's Berkshire Hathaway snaps up another $123 million in Occidental Petroleum stock, now owns 25% of the oil company

Warren Buffett's conglomerate now owns over 25% of Occidental Petroleum, with 224 million shares wo…

Jennifer Sor   


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Warren Buffett's Berkshire Hathaway buys $275 million more Occidental Petroleum stock amid ongoing slide in oil prices

Buffett probably isn't done building his stake in Occidental, as Berkshire Hathaway received approv…

Matthew Fox   


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2 mins read

Undergrad enrollment in petroleum engineering has dropped 75% over the past 10 years — even though they make 40% more than computer science grads

Petroleum engineers averaged six-figure salaries in 2021, per US Bureau of Labor Statistics data. B…

Gabriel Rivera   


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PM launches 20% ethanol blended petrol in 11 states/UTs

The Prime Minister of India, Narendra Modi, has announced that from February 6th, all petrol sold i…

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Warren Buffett just plowed around $130 million into Occidental Petroleum after dumping a bunch of stocks last quarter

Warren Buffett's Berkshire Hathaway has boosted its stake in Occidental Petroleum again, after sell…

Theron Mohamed   


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Warren Buffett shakes off recession fears as he piles another $216 million into Occidental Petroleum stock

Warren Buffett's Berkshire Hathaway ramped up its bet on Occidental Petroleum, securing a 23.6% sta…

Theron Mohamed   


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US imposes sanctions on Indian company over alleged Iran oil deal

On Thursday, the Department said that the company "purchased millions of dollars worth" petroche…

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3 mins read

Nick Walker is new CEO of Vedanta Cairn Oil and Gas

Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief exe…

PTI   


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NTPC starts blending green hydrogen with piped natural gas in Surat

NTPC and Gujarat Gas started blending green hydrogen with PNG on January 3.NTPC Kawas held awarenes…

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1 min read

Centre receives ₹5,001 crore as dividend from ONGC

The Central government on Monday received a huge dividend tranche of Rs 5,001 crore from the Mahara…

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4 mins read

Sensex, Nifty50 hit fresh all-time highs – Bharat Petroleum, Reliance Industries surge

Indian benchmark indices hit new all-time highs on Monday led by oil and gas stocks, overcoming mor…

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1 min read

More oil releases from the US Strategic Petroleum Reserve won't 'rock the boat', says UAE's energy minister

Ensuring global energy markets are balanced is more of a concern to Suhail Al Mazrouei, who told Bl…

Brian Evans   


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Govt to give Rs 22,000 cr grant to oil PSUs to cover LPG losses

The government will extend a one-time grant of Rs 22,000 crore to three state-owned fuel retailers …

PTI   


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2 mins read

'India will buy oil from wherever it wants': Hardeep Singh Puri

On the 2-million barrel a day production cut announced by OPEC+ countries (which include most of…

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1 min read

The US made $4 billion selling oil this year on President Biden's unprecedented releases from the Strategic Petroleum Reserve

Sales from the Strategic Petroleum Reserve total 180 million barrels at an average of $96.25 per ba…

Phil Rosen   


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Reliance Industries, ONGC, Vedanta and others slapped with windfall, export tax on petroleum

The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped oversea…

PTI   


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Russia could face 2 new price caps for refined petroleum products as another EU embargo looms, report says

The two new measures would be aimed at Russian exports that trade both above the price of crude and…

Phil Rosen   


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Petrol, diesel prices hiked for the sixth time in two weeks

New Delhi, Mar 28 (PTI) Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise…

PTI   


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Honda Power starts electric battery swap services at HPCL petrol pumps

HEID and HPCL collaborate to start electric battery swap services at HPCL petrol stations.This will…

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Warren Buffett's Berkshire Hathaway has piled nearly $10 billion into Occidental Petroleum this year - and built 75% of its stake in only 11 days

Buffett's conglomerate has purchased nearly 20% of the oil-and-gas company over the course of 29 tr…

Theron Mohamed